Company says criminal investigation restricted its access to credit

By
Rogerio Jelmayer

March 26, 2015 7:21 am ET

SÃO PAULO—Brazilian construction firm Galvao Engenharia filed a request for bankruptcy protection, the second such filing by a company alleged by authorities to have been involved in corruption at state-run energy giant Petroleo Brasileiro SA.

Local prosecutors and federal police have alleged that Galvao Engenharia is one of dozens companies that were part of a cartel to drive up the value of contracts with Petrobras. The company has denied any wrongdoing and said that the investigation restricted its access to credit. No...